Ecb Calls on Banks to Detail Their Exposure to the Conflict in the Middle East

El Pais

Lean Left

Factuality

Ownership

The European Central Bank (ECB) seeks to prevent the war in the Middle East from leading to a major recession that is faltering the financial sector in Europe, according to financial sources.The banking supervisor of the European Union (EU) has contacted the institutions in the last two weeks to ask them to detail their exposure to the conflict, both directly, by the business deployed in the countries concerned, and indirectly, by the credit gra…

L'AGEFI

Factuality

Ownership

Some officials of the European Central Bank say that progress in restoring price stability is at risk and that it will be necessary to react quickly. But most governors remain reasonable, call for patience in assessing the impact of the conflict, which could also hinder economic growth.

Correio da Manhã

Factuality

Ownership

Inflationist spiral due to the worsening of oil oil can lead the ECB to rise interest.